It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed ... Click on ...

[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be ...

Northvolt sought to capture 25 percent of the European battery market by 2030. Last year, the company was able to secure a $5 billion loan from the European Union to expand its production.

Scania today announced the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a ...

Northvolt filed for bankruptcy in Sweden on Wednesday, the latest blow to Europe’s attempts to create a battery manufacturing juggernaut that could rival the Chinese giants. Though the Swedish ...

Several shareholders have in recent months written down the value of their Northvolt stakes to zero, while long-time partner Scania said it had lined up a new supply of battery cells. German ...

STOCKHOLM, March 10 (Reuters) - Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 ...